Capitalism and Its Economics

Capitalism and Its Economics : A Critical History

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Description

Analysing the relationship between economic thought and capitalism from 1750 to the present, Douglas Dowd examines the dynamic interaction of two processes: the historical realities of capitalism and the evolution of economic theory. He demonstrates that the study of economics celebrates capitalism in ways that make it necessary to classify economic science as pure ideology. A thoroughly modern history, this book shows how economics has become ideology. A radical critic of capitalism, Dowd surveys its detrimental impact across the globe and throughout history. The book includes biographical sketches and brief analyses of the major proponents and critics of capitalism throughout history, including Adam Smith, Thomas Malthus, Jeremy Bentham, John Stuart Mill, Karl Marx, Thorstein Veblen, Rosa Luxemburg, John Maynard Keynes, Paul Samuelson, Milton Friedman, and Eric Hobsbawm. This new edition includes a new preface and an additional chapter by the author.
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Product details

  • Hardback | 344 pages
  • 152 x 230 x 28mm | 721.22g
  • PLUTO PRESS
  • London, United Kingdom
  • English
  • New edition
  • New edition
  • 0745322808
  • 9780745322803
  • 2,206,667

Review quote

'Addresses some of the most crucial questions of the current era. ... Dowd brings formidable qualities to this challenging task. An impressive achievement.' --Noam Chomsky 'This is a work of enlightenment that will be intelligible to students and non-economists.' --Edward S. Herman 'Addresses some of the most crucial questions of the current era. ... Dowd brings formidable qualities to this challenging task. An impressive achievement.' --Noam Chomsky 'This is a work of enlightenment that will be intelligible to students and non-economists.' --Edward S. Herman
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About Douglas Dowd

Douglas Dowd is a widely respected academic and political activist. He has taught at Cornell University, Johns Hopkins University, University of California, Berkeley, and San Jose State University and is currently teaching at the University of Modena in Italy. He is the author of Capitalism and its Economics (Pluto, 2004).
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Table of contents

Preface to new edition

Prologue

PART I. 1750-1945

1. Birth - The Industrial Revolution and Classical Political Economy, 1750-1850

2. Maturation - Global Capitalism and Neoclassical Economics, 1850-1914

3. Death Throes - Chaos, War, Depression, War Again; Economics in Disarray, 1914-1945

PART 2. 1945-2000

4. Resurrection - Global Economy II and Crisis; Hopeful Stirrings in Economics. 1945-1975

5. New World Order - Globalisation and Financialisation; and Decadent Economics, 1975-2000

6. The Unfolding Crises of the 21st Century

Epilogue

Bibliography

Name Index

Subject Index
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Rating details

31 ratings
3.9 out of 5 stars
5 19% (6)
4 58% (18)
3 16% (5)
2 6% (2)
1 0% (0)
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